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Agricultural Products
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Butter Spot Call
| Butter Spot Call | |||||
|---|---|---|---|---|---|
| Contract Size | 40,000 - 43,000 lbs. of Butter ( ˜18 - 19.5 metric tons) | ||||
| Product Description | Grade AA Butter | ||||
| Pricing Unit | Cents per pound | ||||
| Tick Size (minimum fluctuation) | $0.0025 per pound (= $100.00 - $107.50 per contract) | ||||
| Daily Price Limits | None See CME Rule 51S02.B | ||||
| Trading Hours (All times listed are Central Time) |
OPEN OUTCRY (Trading Floor) | MON–FRI: 11:05 a.m. – 11:15 a.m. | |||
| Settlement Procedure | Physical Delivery | ||||
| Ticker Symbols | View Product Codes View Vendor Codes |
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| Rulebook Chapter | 51S | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of CME. | ||||
